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Dec 3, 2012
12/12
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start first with the impact of sandy. is there one specific automaker that you think will benefit more from the impact of sandy as dealers have to reorder new cars? >> historically, actually trucks do better. they do better because you've got dealers taking care of inventory and you also have people going out that are in the business of basically doing work with trucks and they'll use this as an excuse to get it. you're looking probably at ford and gm on the truck side taking a lot. gm needs that upswing in trucks lig right now. >> how does this get counted as sales? customers may not have the cars yet but dealers are ordering the cars to try an make up for lost inventory. is that correct? >> basically, yeah. the minute the car or truck gets put on the haul-away, whether a rail head or a truck, that's when it transfers to the dealer. when you get down to it, the car companies don't sell cars to customers. their customer is the dealer and the dealer resells them. when you see sales you aren't seeing registrations. as a res
start first with the impact of sandy. is there one specific automaker that you think will benefit more from the impact of sandy as dealers have to reorder new cars? >> historically, actually trucks do better. they do better because you've got dealers taking care of inventory and you also have people going out that are in the business of basically doing work with trucks and they'll use this as an excuse to get it. you're looking probably at ford and gm on the truck side taking a lot. gm...
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Dec 3, 2012
12/12
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CNBC
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sandy. post-sandy storm. buying in the new york, new jersey area. in fact when you talk with dealers in that area they say they saw sales gained throughout the month and that's good news for luxury automakers. bmw just reported sales increasing 38.8% for the year. they've sold almost a quarter million bmws here in the united states and as a company, when you lump in mini , they believe they'll excel past the record of 2007. let's look at the monthly sales rate or annual sales rate. right now we are on track to finish this year probably at about 14 1/2 million. that's going to fall shy of the 16 million in 2007 but above what we saw in 2008. it's certainly what we were expecting and we'll have even stronger numbers in december. >> it is a really good numbers from honda as well. phil lebeau, thank you for that. >>> twint che >>> i want to check back in with jackie deangelis. president taking questions via twitter. >> the first question was@paulmmckenzie. can you assure us that any fiscal cliff negotiations regarding entitlement reform will not hurt th
sandy. post-sandy storm. buying in the new york, new jersey area. in fact when you talk with dealers in that area they say they saw sales gained throughout the month and that's good news for luxury automakers. bmw just reported sales increasing 38.8% for the year. they've sold almost a quarter million bmws here in the united states and as a company, when you lump in mini , they believe they'll excel past the record of 2007. let's look at the monthly sales rate or annual sales rate. right now we...
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Dec 3, 2012
12/12
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CNBC
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how much of this demand rise are we going to see will be sandy rebound from sandy and actually real demand? >> we have low interest rates and old cars on the road. so a lot of the demand is real demand. but the other thing is that all the checks haven't been written for sandy. we've had about two weeks of checks coming from insurance companies. but there will be more probably next month of that than there is this month. so it will help. but it's the general market conditions and cars that are on average 11.1 years of age that are really driving car sales. in this low interest rate environment, this is the other big ticket item. >> how are people going to fund their purchases? you have an 11-year-old car, how are they funding the replacement of it? >> well, the availability of credit has improved dramatically over the last eight months or so. and we're even seeing people with bumps in their credit history, subprime borrowers, getting more acceptances of their car loans. and of course there are a lot of incentivized interest rates from the manufacturer's financing arms out there, as well. th
how much of this demand rise are we going to see will be sandy rebound from sandy and actually real demand? >> we have low interest rates and old cars on the road. so a lot of the demand is real demand. but the other thing is that all the checks haven't been written for sandy. we've had about two weeks of checks coming from insurance companies. but there will be more probably next month of that than there is this month. so it will help. but it's the general market conditions and cars that...
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Dec 10, 2012
12/12
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WJZ
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. >> by moonlight, hurricane sandy. and the potential is just being scratched. >> our weather forecasters now, by look at this new imagery are saying i can do the same kind of things at night. and that enables a whole new class of things being done. >> reporter: a lot more is being tracked by this new generation of satellites. >> we can monitor forest fires. monitor smoke plumes from those fires. and also, data is used to monitor snow packs. sea ice. >> reporter: and it does it globally. the bright spots in australia are wildfires. now from space, the impacts of people are written in light across countries and cont nents. things unseen from this vantage point in sunlight. a lot of illumination for a black marble. alex demetrick, wjz eyewitness news. >> and the new satellite is in a polar orbit and is able to scan the entire planet in just 12 passes. >>> well, can wall street start the week off on the right foodfoot? -- foot? [ stock bells ringing ] all the markets did finish in positive territory. let's take a look. dow
. >> by moonlight, hurricane sandy. and the potential is just being scratched. >> our weather forecasters now, by look at this new imagery are saying i can do the same kind of things at night. and that enables a whole new class of things being done. >> reporter: a lot more is being tracked by this new generation of satellites. >> we can monitor forest fires. monitor smoke plumes from those fires. and also, data is used to monitor snow packs. sea ice. >> reporter:...
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still recovering from sandy. and one queens couple is especially angry at the city for what they just received in the mail. >>> president and lawmakers reach out to the business world to help sell their plans to avoid the so-called fiscal cliff. eyewitness news at 4:00 continues with denise after this. >>> it is 4:30. 55 degrees and sunny. hello. thanks for staying with eyewitness news. i'm denise koch. here's what people are talking about. we have an updet on the break -- update on the breaking news we brought you at the top of the show. a shooting at a baltimore county hospital. meganmeghan mccorkell has the latest on a shooting at the university of maryland st. joseph medical center. meghan? >> baltimore county police remain out here on the scene of university of maryland st. joseph's medical center. we're told this incident happened around 2:30 this afternoon. you can see the video from sky eye chopper 13 right here. baltimore county police officer was here inside the emergency room. we're told that he was gu
still recovering from sandy. and one queens couple is especially angry at the city for what they just received in the mail. >>> president and lawmakers reach out to the business world to help sell their plans to avoid the so-called fiscal cliff. eyewitness news at 4:00 continues with denise after this. >>> it is 4:30. 55 degrees and sunny. hello. thanks for staying with eyewitness news. i'm denise koch. here's what people are talking about. we have an updet on the break --...
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Dec 3, 2012
12/12
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CNBC
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some of that is attribute knowledge to superstorm sandy. an estimated quarter million vex were destroyed. those numbers will be out this morning. it would only say that it is speaking to, quote, interested parties. but delta air lines is involved in those sdgzs. virgin is the second largest airline at heath row. >>> and lenny dykstra will be sentenced today. he was found to have hidden and stole sports memorabilia other items that were supposed to be part of a bankruptcy filing. >>> the game of political chicken, we were looking to rise above the partisan politics and trying to get something done. david walker, ceo of the america comeback initiative, steve mcmahon, co-founder of purple strategies, you guys have been on for a while and we've talked about a lot of things. steve, just 1:30 ag ago, you made a point talking about the bush tax cuts. and i said the tax cuts have been near and dear and you said at least bush was smart enough to know that we couldn't afford them so they were sunseted. >> so they were sunseted. >> that may happen. in
some of that is attribute knowledge to superstorm sandy. an estimated quarter million vex were destroyed. those numbers will be out this morning. it would only say that it is speaking to, quote, interested parties. but delta air lines is involved in those sdgzs. virgin is the second largest airline at heath row. >>> and lenny dykstra will be sentenced today. he was found to have hidden and stole sports memorabilia other items that were supposed to be part of a bankruptcy filing....
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Dec 6, 2012
12/12
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CNBC
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we got the big distortions from san sandy. slowly working through that. so i think if there's an outlier, investors will yawn and wait for the big nonfarm payroll report tomorrow. >> are we comfortable mf-i don't know how comfortable we are. consumers seem to be in better fettl eflt. >> in spite of this anemic job growth that we've had during the entire jobless recovery, it seems like consumers sense the -- their balance sheets have improved pretty dramatically. so, yeah, consumers -- and that's led to consumers spending slightly more than what experts thought they would spend. >> so you're overweight large cap versus small cap. why? >> the large cap u.s. multinationals, they typically have overseas subsidiaries that can reach into the emerging pockets of growth. i like the dividends payers, as well, because in these choppy markets which we'll continue to have get nice dividends. >> all right much ha. . have a good day. that's it for today's program. "squawk box" it is next. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life exp
we got the big distortions from san sandy. slowly working through that. so i think if there's an outlier, investors will yawn and wait for the big nonfarm payroll report tomorrow. >> are we comfortable mf-i don't know how comfortable we are. consumers seem to be in better fettl eflt. >> in spite of this anemic job growth that we've had during the entire jobless recovery, it seems like consumers sense the -- their balance sheets have improved pretty dramatically. so, yeah, consumers...
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Dec 4, 2012
12/12
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CNBC
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>> we know it will be worse than it would have been because of super storm sandy. so you didn't know how much it was to do with that and how much was the economy. so it will be a bit of a wash in terms of reading the tea leaves for the u.s. >> so the growth picture for the u.s., we sort of 1%, 2%, depending on what happens with the fiscal cliff. what do you think, 2.5%? >> yeah, i think we should be 2.5% to 3% by the end of next year. >> which might be a slightly better outturn. china seems to be back on track. is there anything in europe -- what's the tail risk at the moment? >> i think there's two things that could still go wrong in europe. one, there's always political risk. in italy, you do have elections coming up. there's a chance getting a higher share than people anticipate. but even then, the financial forces are going to force any government that comes into power to more or less stick to the plan morsi set out. on the other hand, there's always spain, the worries that with 25% unemployment, that you would see the default rate particularly on residential m
>> we know it will be worse than it would have been because of super storm sandy. so you didn't know how much it was to do with that and how much was the economy. so it will be a bit of a wash in terms of reading the tea leaves for the u.s. >> so the growth picture for the u.s., we sort of 1%, 2%, depending on what happens with the fiscal cliff. what do you think, 2.5%? >> yeah, i think we should be 2.5% to 3% by the end of next year. >> which might be a slightly better...
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. >> the money he wants to help recover from super storm sandy. >> hi, everybody. i'm mary bull bal bubala. -- bubala. >> i'm kai jackson. here's what people are talking about. >> super storm sandy hit new jersey heights residents hard, but its residents are still slowly picking up the pieces. the state's governor paid a visit to president obama today, asking for money to help rebuild. >> reporter: the deans are packing what they can salvage from their new jersey home. >> 20 years of collectible cinderella stuff that my husband -- sorry. my husband started collecting it for me, ever since we started dating. >> reporter: everything else is lost. their seaside heights community took a direct hit from the storm, which destroyed 80% of the town. police chief thomas boyd said, with federal help, the town will rebuild. >> seaside heights is never leaving. we're going to rebuild and we're staying. >> reporter: governor chris christie worked closely with the president. now he's going to washington to ask directly for help. >> with damage like this, stretching for miles, go
. >> the money he wants to help recover from super storm sandy. >> hi, everybody. i'm mary bull bal bubala. -- bubala. >> i'm kai jackson. here's what people are talking about. >> super storm sandy hit new jersey heights residents hard, but its residents are still slowly picking up the pieces. the state's governor paid a visit to president obama today, asking for money to help rebuild. >> reporter: the deans are packing what they can salvage from their new jersey...
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Dec 3, 2012
12/12
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KRON
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off the sandy spending included floating shelters, emergency supplies. the cause for new york state alone is about $33 billion. federal contract spending related to a sandy does not come close to the amount spent in the work week of hurricane medicare patients have save $5 billion on prescription drugs since passage of the health-care overhaul two years ago. the savings are a continuation of the 2010 health care laws attempt to close the door on the whole or the prescription drug expenses that can wants medicare runs out. the budget office announced an added benefit. cheaper drugs means more people taking their medication and reducing long-term medical costs. >> schools for thousands of public school students is about to get longer. five states will announce today their adding at least 300 hours of learning time to some schools starting next year. we're talking about paul rafeal, connecticut, massachusetts, new york and tennessee all taking part in this initiative. the goal is to improve student achievement and make u.s. schools more competitive on the g
off the sandy spending included floating shelters, emergency supplies. the cause for new york state alone is about $33 billion. federal contract spending related to a sandy does not come close to the amount spent in the work week of hurricane medicare patients have save $5 billion on prescription drugs since passage of the health-care overhaul two years ago. the savings are a continuation of the 2010 health care laws attempt to close the door on the whole or the prescription drug expenses that...
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chrysler seeing a pick-up in demand partly thanks to superstorm sandy buyers returning to show rooms in november after the waters receded and replacement demand increased after hundreds of thousands of vehicles damaged or destroyed by sandy. as for trading, manufacturing in china helping give u.s. stocks a lift today. report on u.s. manufacturing for november in a few minutes we'll see how that goes we expect it to slow a little. so far, green arrows across the board first trading day of december, dow, s&p and nasdaq higher, bloomberg index up 1%. the maker of lucky charms hoping adults will find the cereal magically delicious, mills plans a campaign nationwide next year. adults are an attractive market for the cereal makers they are pressure for marketing sugary products to kids. today is the 20th anniversary of the text message, the first text sent was "merry christmas "now 1992. by 2016 texting may increase 40% from today's levels more than nine trillion texts generating 127 billion dollars in revenue. live at the new york stock exchange, i'm jane king. >>> lol! >>> i know. we can
chrysler seeing a pick-up in demand partly thanks to superstorm sandy buyers returning to show rooms in november after the waters receded and replacement demand increased after hundreds of thousands of vehicles damaged or destroyed by sandy. as for trading, manufacturing in china helping give u.s. stocks a lift today. report on u.s. manufacturing for november in a few minutes we'll see how that goes we expect it to slow a little. so far, green arrows across the board first trading day of...
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Dec 7, 2012
12/12
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CURRENT
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>> this is the comics benefit for sandy relief. it will be with colin quinn, daryle hammond, susie essman rosy perez, and me. you can come to the actual big show monday night at www.92y/org comics. >> stephanie: do it. >> i think people actually spell susie essman to insult them. >> stephanie: yes. [♪ "world news tonight" theme ♪] >> stephanie: representative washington fox. >> oh yeah. >> stephanie: the republican in north carolina she [ inaudible ] a lonely staff member for daring to step foot in the members only elevator. the regular elevator was being occupied by furniture movers and as soon as fox stepped into the elevator she allegedly demanded to know for who the staffer worked before demanding that she get out. and then she directed to the sign posted in the elevator and said i just hope we are hiring people that know how to read. >> wow! [ applause ] >> stephanie: karl rove will be fax on fox news. >> did a producer get permission. >> stephanie: yeah doing fox business, barney and company. >> nobody watches that. >> st
>> this is the comics benefit for sandy relief. it will be with colin quinn, daryle hammond, susie essman rosy perez, and me. you can come to the actual big show monday night at www.92y/org comics. >> stephanie: do it. >> i think people actually spell susie essman to insult them. >> stephanie: yes. [♪ "world news tonight" theme ♪] >> stephanie: representative washington fox. >> oh yeah. >> stephanie: the republican in north carolina she [...
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Dec 6, 2012
12/12
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CSPAN2
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eye 125
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we had a little problem because of what happened with hurricane sandy, but we'll still have about 100,000 new jobs. we're approaching, it must be about four million jobs now that have been created. it doesn't nearly make up what was lost during the bush years, but we're making progress. mr. president, people in america realize we can no longer have the top-down economy that the republicans so loved during the bush years and what they wanted to create again with governor romney. so, mr. president, i'd be happy to take a look at the proposal that the president -- that my friend, the republican leader, has shown us. if we can come up with something like we did when they created this other furor by refusing to increase the debt where we had an ability to come here and have a couple of votes to determine if we were going to increase it, if that's what they want to do again, i'd be happy to seriously take a look at that and report to the white house and my caucus. but until then, i object. mr. mcconnell: mr. president? the presiding officer: objection having been heard. mr. mcconnell: mr. presi
we had a little problem because of what happened with hurricane sandy, but we'll still have about 100,000 new jobs. we're approaching, it must be about four million jobs now that have been created. it doesn't nearly make up what was lost during the bush years, but we're making progress. mr. president, people in america realize we can no longer have the top-down economy that the republicans so loved during the bush years and what they wanted to create again with governor romney. so, mr....